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Astute Networks Gains New Funding

socalTECH

San Diego-based Astute networks , a developer of blade storage products, said Thursday that it has raised a new, "significant" capital investment from Tallwood Venture Capital. Amount of the funding was not disclosed. The firm had originally been focused on network processors for storage protocol offload. READ MORE>>.

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XIFIN Acquired By GTCR

socalTECH

GTCR said the investment came from its $3.85 billion GTCR Fund XI, with additional funding provided by GE Capital and CapitalSource. XIFIN''s backers include Boulder Ventures, Enterprise Partners, and Windward Ventures. GTCR was advised by Kirkland & Ellis LLP in the deal. READ MORE>>.

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